AGORACOM UPDATE
In response to the incredible support and suggestions from our members, we're upgrading the website to include some key new functionality. Tonight between 8 pm - 12 pm EST, Agoracom will be undergoing a major upgrade.
Thanks for your continued support and patience.
The Agoracom team.
Everyone here is going on and on about the summer movie blockbusters.
Has anyone actually looked at how RPS creates revenue, these figures for movie revenues is useless info for an investor in RPS.
First of all RPS releases news in March stating that there is a 300% increase in the nmber of on-line movie icket sales compared to 2007.
Now lets look at the qrt rpt. Only 300.000 in revenue for Jan-Feb-March-this year in ALL ticket fees including ALL venues whether mcommerce or not. This represents a 27% increase oer 1st qrt last year.
Lets go back... 300% increase in online sales----27% increase in ticket revenue from all ticket fee revenue.
RPS is making 5 times as much from the arcade revenues.. So i would rather push for a way to use the phone to buy credits on the games then capture the revenue when the client is at the movie. A child will burn $10. fast at the games. It appears that RPS is only recieving maybe 25 cents per ticket sale.
These numbers cannot be ignored when RPS is 7 000 000 in default. How many movie tickets must be sold to create 7 mil of profit.
Oh and by the way it cost $175 000 to generate the 300 000 in ticket fees.
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Bob updates shareholders on recent corporate changes.
